Average square foot calculated using Size range provided by listing agent.
Description
Income-Producing Five-Family in Gloversville - Excellent Investment Opportunity! 148 North Arlington in Gloversville offers investors a rare chance to own a solid income-producing five-family property on a spacious corner lot. This multi-family home is an ideal choice for anyone looking to expand their real estate portfolio in Fulton County, providing strong rental potential and long-term growth. Each of the five units features a private entrance, giving tenants independence and privacy that enhances marketability. With separate meters, all utilities fully functional, and all mechanicals on, this property is ready for new tenants immediately. Investors will appreciate the ease of management and cost-efficiency, as tenants can be responsible for their own usage. The property includes a three-car garage plus additional off-street parking, a valuable amenity that sets this multi-family apart and provides convenience for renters. Inside, the structure is solid and the layouts are spacious, offering flexibility for a variety of tenant needs. While the building is fully functional, it does require some cosmetic updates such as fresh paint and flooring to maximize rent potential and attract quality tenants. With a little vision and effort, this property can easily be transformed into a high-demand rental hub. Gloversville and the surrounding Fulton County region continue to show demand for rental housing, making this location a smart investment choice. Whether you're an experienced landlord or a first-time investor, this property offers consistent cash flow potential with the opportunity to build equity over time. Don't miss your chance to own a five-family investment property in an established neighborhood of Gloversville. With income potential, parking, strong bones, and the ability to add value with updates, 148 North Arlington is the perfect addition to your investment portfolio.Show Description
MLS® Number202525674
Laundry Level
Central VacNo
FireplaceNo
Acreage0.19
ExteriorNone
GarageYes
Approx. Age1940
BasementFull, Unfinished
DrivewayDetached, Driveway, Garage
Garage Spaces
HeatHot Water
A/CNone
Heating Fuel
Extras
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